Economy

Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

Laos has collected approximately USD 12 million in digital taxes from global technology companies since introducing its digital tax system in late 2024, according to Deputy Prime Minister and Minister of Finance Santiphab Phomvihane. The tax applies to foreign digital service providers without a physical presence in Laos, including Microsoft,...

Laos Agricultural, Forestry Exports Top USD 1 Billion in First Half of 2026

Laos earned more than USD 1 billion from agriculture and forestry exports in the...

Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company...

Myanmar’s Leader Wraps First ASEAN Visit in Laos, Signs Mekong Dam Study

Myanmar's recently elected President, Min Aung Hlaing, who seized power in the 2021 military...

Vietnam, Philippines Reach Upper-Middle-Income Status as Laos Eyes 2035 Target

Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank,...

Pakse International Airport Undergoes Major Renovation, Expansion

Pakse International Airport in Laos’ southern Champasack Province is undergoing a major renovation and expansion to upgrade its passenger sections and airport facilities.  The project,...

Laos to Upgrade National Road No. 9 in Savannakhet, Connecting Laos, Thailand, Vietnam.

Laos is set to upgrade National Road No. 9 in Savannakhet Province, a key route connecting Laos, Thailand and Vietnam. The signing ceremony for the...

Japan Funds New School in Bokeo, Strengthening Education, Development Ties

Bokeo Province is set to welcome a new school with support from the Japanese government, contributing over USD 88,000 under the “Project for the...

Vientiane Capital Speeds Up Road Repairs in 2025 with LAK 20.91 Billion Budget

Vientiane is fast-tracking repairs on several major roads in 2025 using a budget of LAK 20.91 billion (around USD 1 million), supported by the...

Laos Offers Incentives, Scholarships to Strengthen Education in Remote Areas

Laos is introducing new incentives and scholarships to improve education in rural areas, linking teaching with military service to address ongoing teacher shortages.  The government’s...

Work to Start on Vientiane-Hanoi Expressway Section Two, Completion Expected by 2030

Construction of Section 2 of the Vientiane-Hanoi expressway, which will connect Paksan district to the Laos-Vietnam border in Xaychamphone district, Bolikhamxay, is set to...